Press note providing clarification regarding the applicability of TCS to Debit/Credit Transactions under LRS (dated- 19.05.2023) – Ministry of Finance

• 22nd, May 2023
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– Press note providing clarification regarding the applicability of TCS to Debit/Credit Transactions under LRS (dated- 19.05.2023) – Ministry of Finance.

• The Ministry of Finance issued a press note providing clarification regarding the applicability of Tax Collection at Source to small Transactions under Liberalized Remittance Scheme (LRS). Please refer to the press note for more details.